Detached Three-Family Corner
4019 Manhattan Avenue Brooklyn, NY 11224
New
4019 Manhattan Avenue, Brooklyn, NY, 11224
$998,000
For Sale
$998,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,907 SF
Lot Size0.11 Acres
Price / SF$343.31
Days on Market2
Property Features for 4019 Manhattan Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3-1
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 7, Bathroom 2
- Parking features
- Garage - Detached
- Interior features
- Dishwasher, Dryer, Laundry Area, Refrigerator, Stove, Terrace, Washer
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 2,907 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7985
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Hardwood, Laminate
- Roof type
- Shingle
Listing agency
Compass Greater NY, LLC
(212) 913-9058
Listed by
Kurt Vikki
(212) 913-9058
Added: Jul 21 Checked: Jul 22 at 12:06PM
MLS# 503184
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Detached three-family home on a 44-by-110-foot corner lot, offered fully detached and currently vacant. The second-floor owner’s unit features three bedrooms and 1.5 bathrooms, with a renovated kitchen, formal dining area, and a large living room that opens directly to a private, oversized outdoor terrace. The ground floor is set up as two additional apartments: Apartment 1F includes two bedrooms with a private front entrance, and Apartment 1R is a two-bedroom unit accessible via a separate side entrance. Bathrooms throughout the building are fully tiled and windowed, and each apartment includes closet space.
An enclosed front and side yard supports the home’s private setting, complemented by a detached two-car garage and private driveway. The unfinished basement includes a dedicated laundry room with a washer and dryer, along with additional space for storage and mechanicals.
Zoned R3-1, the property is located at 4019 Manhattan Avenue in Brooklyn (11224) within the Seagate community, with Seagate association dues and annual taxes listed in the offering remarks.
An enclosed front and side yard supports the home’s private setting, complemented by a detached two-car garage and private driveway. The unfinished basement includes a dedicated laundry room with a washer and dryer, along with additional space for storage and mechanicals.
Zoned R3-1, the property is located at 4019 Manhattan Avenue in Brooklyn (11224) within the Seagate community, with Seagate association dues and annual taxes listed in the offering remarks.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.7k | $56.64 |
| − Vacancy | −$3.3k | −$1.13 |
| EGI | $161.4k | $55.51 |
| − OpEx | −$72.6k | −$24.98 |
| NOI | $88.7k | $30.53 |
2,907 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.45M
$1.27M – $1.70M
NOI $101,808 @ 7.0% cap · market cap 10.20%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,748 @ 7.0% cap · market cap 8.89%
Theoretical Best
Specialty Retail
$2.41M
$2.11M – $2.81M
NOI $168,490 @ 7.0% cap · market cap 16.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Detached three-family home on a 44-by-110 corner lot with private outdoor terrace and a detached two-car garage.
Where is this triplex located?
The property is located at 4019 Manhattan Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $998,000.
